Considering that the deal included $1.5 billion in cash, the write-off means Microsoft now values a business that once controlled 41% of the global handset market at just a small fraction of the purchase price.

Flipkart has closed a funding round of $700 million (Rs 4,500 crore) at a valuation of $15 billion, scooping up capital for the first time this year as the battle for dominance in the Indian online retail market heats up.

Seven Indian companies, including Reliance Industries and Tata Motors, are among the world's 500 largest companies, according to a list compiled by Fortune that has been topped by retail giant Walmart.

Considering that the deal included $1.5 billion in cash, the write-off means Microsoft now values a business that once controlled 41% of the global handset market at just a small fraction of the purchase price.

Considering that the deal included $1.5 billion in cash, the write-off means Microsoft now values a business that once controlled 41% of the global handset market at just a small fraction of the purchase price.

Flipkart has closed a funding round of $700 million (Rs 4,500 crore) at a valuation of $15 billion, scooping up capital for the first time this year as the battle for dominance in the Indian online retail market heats up.

Considering that the deal included $1.5 billion in cash, the write-off means Microsoft now values a business that once controlled 41% of the global handset market at just a small fraction of the purchase price.

Flipkart has closed a funding round of $700 million (Rs 4,500 crore) at a valuation of $15 billion, scooping up capital for the first time this year as the battle for dominance in the Indian online retail market heats up.

Seven Indian companies, including Reliance Industries and Tata Motors, are among the world's 500 largest companies, according to a list compiled by Fortune that has been topped by retail giant Walmart.

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Around 150 Indian Giant Squirrels might be living in Radhanagari forest, according to the primary data of the first census conducted recently on the state animal.

One more colour patter found in Sawantwadi forest of Indian Giant Squirrel, the state animal.

For the first time, the state forest department is conducting a state-wide census of the state animal, Indian Giant Squirrel, whose physical presence was documented only in Bhimashankar sanctuary

A real estate giant, RK Aggarwal, owner of Shalimar Estate Pvt Ltd, was held for committing a fraud of over Rs 10.20 crore with his business partner, Kewal Garg, on Saturday. Accused Aggarwal is also the owner of Shalimar Mega Mall, a multiplex-cum-shopping center, in sector 5, Panchkula and he has been remanded in three days police custody.

America's two-time giant slalom world champion Ted Ligety won the final World Cup race in the discipline before the Winter Olympics on Sunday in the Swiss resort of St Moritz.

Srivastava has also been made government advisor (good governance) with effect from August 1. Srivastava retired as the chairman inquiry commission. The general administration department on Saturday issued notification to this effect.

The state government has made Manoj K Srivastava (1980 batch) director general cum executive director Centre For Good Governance Society following his retirement from the service on July 31.

The state government on Saturday issued a notification deputing Gunaki Narendra Kumar Basavaraj, the Principal City Civil and Sessions Judge, Bengaluru, as the new Registrar of Karnataka Lokayukta.

The new teamof Assoication of Physicians of India (API), Vidarbha chapter consisting will be installed at Hotel Centre Point Ramdaspeth at 9am by state finance minister Sudhir Mungantiwar. Dr Ashok Wasalwar from Chandrapur and city's Dr Shankar Khobragade have been elected as the president and secretary respectively. Renowned social activist Dr Abhay Bang will be the guest of honour. The symposium that will follow the installation ceremony has been accredited 2 points by Maharashtra Medical Council (MMC).

Prof. Pathak, former vice-chancellor of Vardhaman Mahaveer Open University, Kota, Rajasthan was appointed as the VC of Uttar Pradesh Technical University (UPTU), Lucknow, a Raj Bhawan release said.

KSRTC also begins to ply Bengaluru-Nasik Volvo Multi axle bus service via Pune from July 31. The bus departs Bengaluru at 2 pm and reaches Nasik at 10:45 a, next day. The adult fare is Rs1220. On its return, it departs Nasik at 1pm and reaches Bengaluru at 9:45 am.

KSRTC commenced new express bus services between Bengaluru and Mysuru, departing Basaveshwara Satellite Bus station in Peenya from 6 pm to 10 pm at a frequency of two hours.

The state government on Friday appointed Dr Ratan Kumar Mandal a resident of Company Bagh, Bhagalpur as the chairman of the Bihar state commission for extremely backward castes for a period of three years. The general administration department on Friday issued notification to this effect.

The new team of Academy of Medical Sciences (AMS) will be installed on Saturday at 8.30 pm at Hotel Centre Point, Ramdaspeth. Dr Vivek Bhalerao will be installed as president and Dr Nirmal Jaiswal as secretary. Chief minister Devendra Fadnavis will be the chief guest while Dr D Pahlajani, interventional cardiologist, Mumbai and Padma Shri Dr R Guleria, HoD, department of pulmonary medicine, AIIMS, New Delhi, will be the guests of honour.